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Industry Focus

CG: Amazon Earnings -- Have Some Faith

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 1 August 2017

⏱️ 28 minutes

🧾️ Download transcript

Summary

We break down the latest developments in the consumer-retail sector, including Amazon earnings, the $1.4 billion Jimmy Choo buyout, and the turnaround prospects for Target.

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Transcript

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0:00.0

Thanks to Bombfell for supporting the Motley Fool.

0:02.3

Bombfell is an online personal styling service for men

0:05.1

that helps find the right clothes for you.

0:06.7

Get $25 off your first purchase at bombfell.com slash fool.

0:10.5

That's B-O-M-B-E-L-D-L-L-D-L-D-O-O-M-O-O-M-O-O-M-O-O-N-O-O-M-O-O-M-O-O-N-T-O-O-O-O-O-O-N-T-O-O-O-O-O-O-O-N-O-O-O-O-O-O-O-O-O-O-O-O-O It's Tuesday, August 1st, and we'll be covering some of the big moves in the Consumer and Retail World.

0:26.0

I'm your host's friend.

0:27.0

Happy to be back in the host chair.

0:29.0

And thanks again to Dylan and Sarah for covering last week.

0:32.0

Joining me here at full headquarters is Senior Fool.com contributor

0:36.7

Adam Levine Weinberg.

0:38.4

Thanks for being here Adam.

0:39.6

Thanks for having me end the show again.

0:41.2

Sure thing.

0:42.2

We have a lot to cover today, and I wanted to start

0:46.8

by treading a little bit of familiar ground,

0:49.8

if you will allow me.

0:51.5

So Dylan and Sarah covered this news briefly on the

0:54.0

show on the previous show and I wanted to get your thoughts on the approximately

0:58.2

1.4 billion dollar deal between Michael Coors and Jimmy Chu. So some background in case any fools did miss this story.

1:05.3

This acquisition was announced one week ago. It's an all-cash deal that should close later

1:09.5

this year and it'll bring a high-end luxury shoe brand Jimmy Chu in-house for Michael Coors,

1:15.0

which is more focused on fashion accessories and handbags.

...

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